The probabilities of three drivers driving home safely after consuming liquor are 3/4, 3/5 and 4/5 respectively.

Fantastic news! We've Found the answer you've been seeking!

Question:

The probabilities of three drivers driving home safely after consuming liquor are 3/4, 3/5 and 4/5 respectively. One day, the three drivers start home after consuming liquor in a party. Find the probability that all the three drive home safely.

Related Book For answer-question

Complete Business Statistics

ISBN: 9780077239695

7th Edition

Authors: Amir Aczel, Jayavel Sounderpandian

See More Books

Posted Date: Mar 22, 2023 02:23 AM

See More Questions

The probabilities that three drivers will be able to drive home safely after drinking are 0.5, 0.25, and 0.2, respectively. If they set out to drive home after drinking at a party, what is the...
1. Based on the information provided in the case below, what is the key strategic goal for Tim Hortons as of August 2014? It would be a year of dramatic change for Tim Hortons Inc. On August 26,...
On a Friday afternoon in October 2000, Joseph Duncan, a third-year distribution systems analyst for the Michigan Department of Commerce, was sitting at his office desk reading through some background...
Consider the heat pump described in Example 9.14. The heat pump now operates between 0.60 MPa and 1.4 MPa. Plot the vapor-compression cycle in Ts coordinates (use NIST) and determine the cycle...
What is a functional resume, and what are its advantages and disadvantages?
A simple soft drink system relies on pressurized CO 2 to force the soft drink (sg = 1.08) from its tank sitting on the floor up to the outlet where cups are filled. Determine the required CO 2...
The magnitude of the osmotic pressure depends on the (a) Temperature (b) Gibbs' free energy (c) Nature of the semi-permeable membrane (d) Entropy.
Gioia Company acquired some of the 65,000 shares of outstanding common stock (no par) of Tristezza Corporation during 2011 as a long-term investment. The annual accounting period for both companies...
Ball Inc. is a not-for-profit organization. In 2019, the organization received a donation of $1,500,000, which must be used as an endowment. How would this endowment be accounted for in 2019 under...
What is the basic difference in orientation between financial and managerial accounting?
QUESTION 2 Given below in table 1 are hypothetical data on costs and benefits of a proposed small mine to be constructed in remote Telefomin district in Sundaun Province. Table 1: Summary of total...
Safety and health practices are good business decisions. Build an argument supporting this statement.
Why is strategic management considered important for global market competition?
Why do a unions initial list of demands tend to be long and extravagant?
Describe how EAPs and wellness programs help an organization control rising medical costs.
Using an invalid performance evaluation instrument is a waste of time. Do you agree or disagree with this statement? Discuss.
Journalize the transactions. (Hint: You may wish to set up T-accounts, post beginning balances, and then post 2026 transactions.) Ayayai uses straight-line depreciation for buildings and equipment....
Before the latest financial crisis and recession, when was the largest recession of the past 50 years, and what was the cumulative loss in output over the course of the slowdown?
To aid in planning the development of a tourist shopping area, a state agency wants to estimate the average dollar amount spent by a tourist in an existing shopping area. A random sample of 56...
In problem 626, give a 95% confidence interval for the variance of the caloric content of all 3-ounce cuts of top loin steak. In problem For advertising purposes, the Beef Industry Council needs to...
Nissan Motor Company wanted to find leverage factors for marketing the Maxima model in the United States. The company hired a market research firm in New York City to carry out an analysis of the...
The City of Central Falls has engaged Robert Cohen, CPA to audit the June 30, 1999 financial statements of the City's Water Department under the GAO's Government Auditing Standards. Cohen's report...
Wil Stevens is executive vice president of a major automobile manufacturing company. Stevens was recently elected Mayor of Detroit. Prior to assuming office, he calls on you, his independent auditor,...
A public accounting firm has been engaged to perform the audit of a local, federally funded Housing Allowance Program. The objective of the program is to increase the housing standards of Agana...

The probabilities of three drivers driving home safely after consuming liquor are 3/4, 3/5 and 4/5 respectively.

Question:

Expert Answer:

The detailed answer for the above question is provided below Solut... View the full answer

Complete Business Statistics

Students also viewed these economics questions